Financial Industry Impacts

0 min read

Blockchain Industry Impact: Finance

The financial industry is seemingly quite aware of blockchain technology disrupting their field. Especially considering blockchains have their own cryptocurrency integrated into the system. Many financial institutions have already come forward to show support in researching and developing blockchain technology. Blockchains being simply put, a ledger, makes it easy to see how it could really impact this industry. Read about financial news and information involving blockchain technology here.

Fidelity Investment is one of the largest asset management firms in the world. And they’ve shown affection for blockchain and crypto before. Now they are taking it a step further, and making some real progress in their business on the blockchain.

According to their site, Ripple’s goal is to enable people to break free of the “walled gardens” of financial networks and institutions that restrict access to financial services. Learn about Ripple here!

Bitcoin futures took cryptocurrency to a new level of legitimacy. Now, the second cryptocurrency to be introduced as a future will soon be available. Crypto Facilities will soon be offering Ether futures within their exchange.

R3’s Corda is a Distributed Ledger Technology (DLT) product which looks to address financial, governmental, supply chain, and insurance applications. Our video gives you all you need to know about R3 and Corda doing business on the blockchain!

Charlie Shrem is a Bitcoin entrepreneur, who’s helping move the chain with his crypto-enthusiasm and business endeavors. From co-founding BitInstant early on, as well as the Bitcoin Foundation, he’s helping perpetuate and grow the new crypto and blockchain industry. Read about Charlie Shrem’s work here!

The ICON Project aims to overcome challenges of centralization, and connectivity in decentralized networks. They hope to help advance our society towards true hyperconnectivity. In order to do this, ICON is redefining communities. Learn about how in our overview of their project!

Erik Voorhees is a businessman and entrepreneur who has been involved with and founded several Bitcoin-related startups. His crypto-related entrepreneurship and enthusiasm is helping progress blockchain tech & crypto to wider adoption!

Raiblocks is a trustless, low-latency cryptocurrency that uses something called block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting. Learn more about RaiBlocks here!

Tiffany Hayden is a blockchain influencer and an important woman in the blockchain and crypto space. She’s the community manager for Edge, and is a big proponent for Ripple and the financial industry integrating technology. She’s Moving the Chain! See how in this article.

Ripple is a infrastructure blockchain working with many financial institutions to speed up transactions and make them more cost effective. It’s seen a big price jump lately, and a lot of hype! Here are 3 Ripple price predictions for the coming future!

Molecular Future is an innovative financial investment service company registered in the a one-stop digital asset investment service platform jointly funded by Molecular Group, HBCC, XBTING Fund, HCASH Foundation and Collistar Capital. They advise on blockchain investments and related products.

The Chicago blockchain community gathered on December 8th, 2017 to hear some of the most influential blockchain voices in Chicago. This video is on HyperLending, a platform that allows holders of digital assets to leverage their holdings as collateral for cash loans.

Bitshares is a decentralized autonomous organization, or a DAO for short, that serves as a decentralized exchange and fintech solution. They have some different system components and features, and offers a solution to the scalability problems of other blockchain networks.

OmiseGO (OMG) is an e-wallet and financial platform meant to reduce boundaries between fiat money and digital currencies, making it easy to exchange value in real-time. Learn about OMG in this episode!

A possible accounting solution on the blockchain? In this episode of ICO or NO, Jeremy covers the Fizcal ICO. Does the product add up? Jeremy gets you up to speed on everything you need to know about the Fizcal project!

The blockchain community is primarily male-dominated. But women are innovators and businesspeople in the blockchain world too! Here are 3 women proving that technology is a community for women as well as men. They are politicians and business women making big moves in this space.

Since the discovery of outer space, mankind has seemingly been fascinated by the possibility of other intelligent life forms living outside the boundaries of planet Earth. Our current economic systems might prevent Earthlings from trading with other galactic species. With a lack of consistent currencies across the globe and other boundaries, we lack an opportunity to welcome trade from other planets! Crypto could solve this problem quite simply.

It’s hard to dispute the blockchain revolution, given major international financial institutions, such as JPMorgan and HSBC, plunging massive amounts of capital into R&D of the technology. Cryptocurrency was designed to be everything fiat currency could not be. The relationship between the crypto markets and traditional markets can provide insight into the future valuation of tokens.

To read more about cryptocurrency and financial markets and institutions, read this article!

Increasing globalization constantly tests our current financial systems. Previous importance placed upon traditional sovereign boundaries has given way to a borderless financial world; one where capital moves freely between citizens of multiple countries. Immigration is a hot topic both domestically and internationally.

See how blockchain technology can improve the hurdles associated with globalization.

Our current financial system serves tons of people every day, and moves multiple-trillions of dollars. While it may be our current system, it doesn’t mean it’s necessarily the best system. Not surprisingly, its wrought with issues.

Blockchain technology can offer solutions to many of the problems our current system imposes us with. Read more about how it can help these systems here.